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Never Do This Mistakes in your Startup ❎ | eAuditor Office | Being Scenius Tamil Podcast 

Sriram Selvan
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On this episode of the Being Scenius Tamil Podcast, Sathish Ramalingam and Vinay from eAuditor reveal key mistakes to avoid in your startup journey. We dive into common pitfalls, the importance of finance tools, and why finance is often neglected. Learn about the necessity of a private limited company, steps to reach your goals, and effective strategies for measuring profitability. Plus, get real talk on fundraising, valuation, and whether you really need a virtual CFO.
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Timestamps:
0:00 Comming up
1:16 Introduction
4:38 Company Registration
9:43 Common Mistakes
15:25 Fiance Tools Needed
20:55 Why Finance is Ignored?
27:58 Private Limited Needed?
32:12 Steps to Reach Your Startup Goal?
45:19 Measure Being Profitable?!
50:09 No-Tax for Startup?
55:06 Don't take Money from your startup!
59:19 Fundraising is simple?!
1:16:17 Valuation and Investor Reality!
1:24:20 Virtual CFO Really Needed?
1:40:26 Questions from Previous Guest!
1:43:28 Outro
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About Being Scenius Podcast:
Being Scenius Tamil Podcast is a podcast that features interviews with successful people from Startups, Entrepreneurship, Content Creation, and more. Learn from successful people, get inspired, and achieve your goals.
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16 авг 2024

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Комментарии : 108   
@SathishRamalingam-wv1ie
@SathishRamalingam-wv1ie Месяц назад
Thank you, Sriram! I thoroughly enjoyed your questions and am happy to have shared our experiences on this podcast. We aimed to convey several critical insights to all founders and business owners. I believe entrepreneurs and business professionals will greatly benefit from this episode.
@sriramselvan
@sriramselvan Месяц назад
Thanks for your time sharing knowledge, sathish! Convey my gratitude to Vinay and your team!
@saranalagarswamy165
@saranalagarswamy165 2 месяца назад
One of the best podcast I have watched in recent time.
@sriramselvan
@sriramselvan 2 месяца назад
Nandri bro ♥️
@user-bu8zg6jv2m
@user-bu8zg6jv2m 2 месяца назад
A very phenomenal world class insights to the budding & ASPIRING entrepreneurs, these responders are highly knowledgable in the domain.thankQ immensely for this priceless podcast,pls keep going RPK Blore.
@sriramselvan
@sriramselvan 2 месяца назад
Thanks, RPK!! Please share this podcast with people who may find it helpful!
@atmajs7285
@atmajs7285 2 месяца назад
As always, Value over Delivered! Kudos to team E-Auditor office & to Sriram🎉
@sriramselvan
@sriramselvan 2 месяца назад
Nandri Atmaj!
@startupworld9957
@startupworld9957 2 месяца назад
Wow 😇 Extremely interesting and great podcast 👏 👍. Every entrepreneur from MSMEs and Startups must watch 🙌 Thank you Sriram ji for sharing this podcast.
@sriramselvan
@sriramselvan 2 месяца назад
Glad it was helpful to you Ji!
@saravana4223
@saravana4223 2 месяца назад
50:09 No-Tax for Startup? 1:16:17 Valuation and Investor Reality! 1:24:20 Virtual CFO Really Needed?
@eAuditorOffice
@eAuditorOffice 2 месяца назад
No-Tax for Startup? No, startup need to pay tax. Only for certain period tax is exempted only for the eligible startups. If you are a eligible startup to get DPIIT certificate, then once receiving the DPIIT certificate you can go for Income tax exemption application in the DPIIT portal, if it approved you will get 3 years tax exemption benefit - first you will pay then you can take credit. In layman term only for 3 years you will get tax exemption. Valuation and Investor Reality Purely based on your product/services, scalability and exit plan for investors. Virtual CFO Really Needed? Its not mandatory, but Yes, for whom investments are done and for businesses whose turnover more than Rs. 3 crore.
@EswaranArumugammca
@EswaranArumugammca 2 месяца назад
Sema. Many of them should watch this
@sriramselvan
@sriramselvan 2 месяца назад
Thanks Eswaran! Please do share this within your group!
@shareauto5671
@shareauto5671 2 месяца назад
28:00 well explained about company registration. Im just created my opc company a 6 mnt before . I don't know complaince and inc 20 auditor appointment , capital requirements. I create using online consult they didn't give proper guidance . But this podcast give clear explanation to new one want to create ❤🎉🎉🎉
@sriramselvan
@sriramselvan 2 месяца назад
Thanks for the detail feedback! Please share among your group bro!
@mathaneelam
@mathaneelam 2 месяца назад
Full of information. Feel like attended a paid course. well done team 🫡 #purposeoflife
@sriramselvan
@sriramselvan 2 месяца назад
Thanks bro! Happy this podcast added value to you in a small way! Yeah, this is my #purposeoflife!
@chadjayasuriya
@chadjayasuriya 2 месяца назад
Hats off bro ✨one of the best video i ever seen 🔥
@sriramselvan
@sriramselvan 2 месяца назад
Pleasure is ours, Suriya!
@user-uv7fm4uy6r
@user-uv7fm4uy6r 2 месяца назад
Really amazing podcast 👏
@sriramselvan
@sriramselvan 2 месяца назад
Thanks a lot, mam! Please share with the people around who could get value from it!
@truthM
@truthM 2 месяца назад
Super useful podcast and awesome series 👌
@sriramselvan
@sriramselvan 2 месяца назад
Thanks 🙌🏻
@s.v.rajkumar4829
@s.v.rajkumar4829 2 месяца назад
Bro very grateful to u.. One of the best interview from ur side! Very glad that we having u in tamil... Thank u so much keep going on #PurposeOfLife
@sriramselvan
@sriramselvan 2 месяца назад
Thank you so much 😀
@amanfrom1260
@amanfrom1260 2 месяца назад
thanks for podcast bro❤
@sriramselvan
@sriramselvan 2 месяца назад
It's my pleasure, bro!
@chandrasekaran5786
@chandrasekaran5786 2 месяца назад
Hats off Mr.sriram. keep going. 🎉🎉Best wishes 💐
@sriramselvan
@sriramselvan 2 месяца назад
Thanar Chandrasekar Uncle!!
@arunprakash120
@arunprakash120 2 месяца назад
Thanks for making the video
@sriramselvan
@sriramselvan 2 месяца назад
Pleasure is mine, arun! Please share them among your peers!
@santhoshyy
@santhoshyy Месяц назад
Wonderful video for a startup to start with... Hats off for this podcast and the team which shared so much detailed information with clarity.
@sriramselvan
@sriramselvan Месяц назад
Thanks, Santhoshy!
@priyav9751
@priyav9751 2 месяца назад
Valuable points 🎉
@sriramselvan
@sriramselvan 2 месяца назад
Thanks!
@vallarasu_in
@vallarasu_in 2 месяца назад
On theme! Up to the mark! 🫡
@sriramselvan
@sriramselvan 2 месяца назад
Nandri Nandri Nandri!!!
@worlddatabase7595
@worlddatabase7595 2 месяца назад
Really valuable time to viewed this video
@sriramselvan
@sriramselvan 2 месяца назад
Happy that the podcast added value to you in a small way possible!
@vigneshwaranponnarasu6558
@vigneshwaranponnarasu6558 2 месяца назад
Every second counts ❤🎉🎉🎉 Love from #Purpose of Life
@sriramselvan
@sriramselvan 2 месяца назад
Nandri Vignesh!
@rajgrd
@rajgrd Месяц назад
I am a first generation entrepreneur. So many doubts and questions are answered. All the best. Keep podcasting.
@sriramselvan
@sriramselvan Месяц назад
Welcome to the club bro 🙌🏻
@Entrepreneurs36
@Entrepreneurs36 Месяц назад
Bro intha mathurii video la neraya yaathir pakurom bro 🤜 enghala mathurii yong entrepreneurs ku romba use aghum thanks for ur videos ❤
@rajakinz
@rajakinz 22 дня назад
Amazing all these i learned North based auditor in youtuber channel in english. U did great job by doing in tamil. The Interviewee explained everything in deep & had great understanding.
@the1lyguru
@the1lyguru 2 месяца назад
Great video Sriram bro, it was very useful Regards, Guru, TheMediaGuru
@sriramselvan
@sriramselvan 2 месяца назад
Thanks guru bro! Please share this with people who may find this helpful!
@videopedia1506
@videopedia1506 2 месяца назад
Its a very good channel, and you are doing a great job. Keep going all the best 😄👍
@sriramselvan
@sriramselvan 2 месяца назад
Thanks 🙌🏻 More episodes on the way!!
@ganeshvl8019
@ganeshvl8019 2 месяца назад
best and informative podcast
@sriramselvan
@sriramselvan 2 месяца назад
Thanks, please share the podcast with people who may find it helpful!
@sudhakarnote
@sudhakarnote 2 месяца назад
Super sir
@sriramselvan
@sriramselvan 2 месяца назад
Thanks sir!
@anto_edd
@anto_edd 2 месяца назад
You're doing really wonderful work, Sriram. Keep going
@sriramselvan
@sriramselvan 2 месяца назад
Thank you so much 😀
@newdimensions...3970
@newdimensions...3970 День назад
Very useful video. Much needed for this gen entrepreneurs. Great work. Both people are looking highly knowledgeable and open minded in sharing information.
@renganathanofficial
@renganathanofficial 2 месяца назад
Great one naa!!
@sriramselvan
@sriramselvan 2 месяца назад
Nandri bro 🙌🏻
@shivakrithik.s
@shivakrithik.s 2 месяца назад
High Value Podcast ✅
@sriramselvan
@sriramselvan 2 месяца назад
Thanks 🙌🏻
@EvviClothing
@EvviClothing 2 месяца назад
Actually every second worth👌🏼 Keet it up Mr. Sriram🤝
@sriramselvan
@sriramselvan 2 месяца назад
Thanks, Evvi! More podcasts are on the way! Do check our old ones too!
@consult_magnus
@consult_magnus Месяц назад
Thanks for a fantastic podcast, guys! Impressed by the clear and actionable advice shared by Vinay and Sathish. The points on identifying and avoiding common startup pitfalls were spot-on, especially the emphasis on a strong Management Information System (MIS). At Magnus Consulting, we strongly believe that a well-established MIS is the backbone of any successful startup. It provides real-time data and insights crucial for informed decision-making, growth, and avoiding costly mistakes. Another key takeaway was the importance of discipline towards accounting and compliance. Many startups underestimate the complexities of financial management. Adhering the applicable regulations and maintaining accurate financial records not only fosters investor confidence but also avoids potential legal issues down the line. Overall, a valuable episode for any aspiring entrepreneur. Keep up the excellent work, Vinay and Sathish! #startupadvice #MIS #accounting #compliance #MagnusConsulting
@videopedia1506
@videopedia1506 2 месяца назад
How to fix partnership share in a startup amoung founder ?
@eAuditorOffice
@eAuditorOffice 2 месяца назад
Logically based on the following 1. Partners involvement and contribution to the startup 2. Expertise he brings 3. Value he adds to the startup 4. Investment he makes in monetary and non-monetary Based on these points you can arrive the shares to be distributed to each of them.
@techpechu
@techpechu Месяц назад
Thanks for the efforts ❤ gave clear clarity and long doubt clear when to enroll a company 🎉 More power to you
@sriramselvan
@sriramselvan Месяц назад
Nandri bro 🙌🏻
@uruttir0
@uruttir0 Месяц назад
Anna.. Really informative.. Ennaku kooda doubt irunthu business start panna registration related ah.. Intha mathiri podcast neraiya podunga.. Your work is greatful
@sriramselvan
@sriramselvan Месяц назад
Kandipa bro! All things were lined up!
@arrshath
@arrshath 2 месяца назад
As him why MCA delays company registration process for months. I have bad experience with Eauditor office where they took more than 2 months for company registration. It took only 1 month for offline auditor to register company. Don't ever pay money before company name gets registered
@eAuditorOffice
@eAuditorOffice 2 месяца назад
Hi Arrshath, thank you for your comments. Yes, during your company formation process, the MCA was migrating from version 2 to version 3. That's completely because of the names that you have proposed. Those challenges clearly communicated and promptly updated to you. We believe the names what you have proposed to us and your present name of your newly registered company is different. May be in future MCA will bring down to the registration process simple and in lesser days. Wishing you the best!
@arrshath
@arrshath 2 месяца назад
@@eAuditorOffice Fine! Kindly take it as feedback & I have no personal grudge against your company. Thanks & wishing you to grow bigger
@eAuditorOffice
@eAuditorOffice 2 месяца назад
Definitely Arshath 🎉
@snmbala
@snmbala 27 дней назад
In my personal experience if we meet a finance people, they will kill our business enthu right away and give an illusion of we are saved. This interview is no exception
@gowthamkannanks
@gowthamkannanks Месяц назад
Amazing Sathish bro... His knowledge is amazing... eauditor
@sivagirivaasanss1900
@sivagirivaasanss1900 Месяц назад
Very thoughtfully framed questions Very insightful podcast
@sriramselvan
@sriramselvan Месяц назад
Thanks 🙌🏻
@senthilkunnur
@senthilkunnur 2 месяца назад
U should use the subtitle bro
@sriramselvan
@sriramselvan 2 месяца назад
Yeah bro, practically it's not cost effective and it precedes the overall podcast production cost! That's why we haven't in future we will try to bring subtitles bro!
@Qwertrewq1987
@Qwertrewq1987 2 месяца назад
🎉
@Iam_devinsonofficial
@Iam_devinsonofficial 2 месяца назад
Bro nice podcast ❤ but where is the my competitor video link 🔗
@sriramselvan
@sriramselvan 2 месяца назад
Check now bro! Added in the description!
@vinodsamy1725
@vinodsamy1725 Месяц назад
6:15 LLP details I’m not getting to register new company if you could explain
@sriramselvan
@sriramselvan Месяц назад
Sure bro, eAuditor team will explain it!
@vinodsamy1725
@vinodsamy1725 Месяц назад
@@sriramselvan Thanks for your quick response I was trying to get more details about LLP
@eAuditorOffice
@eAuditorOffice Месяц назад
For LLP Registration minimum of 2 partners required. Following are the steps 1. Should share partners KYC documents and registered office details 2. Name reservation 3. DSC will be taken for partners 4. Signing documents preparation and roc documents preparation 5. Once documents are signed by partners, these will be attached with the roc documents and submitted 6. Once llp formation is approved, need to file the LLP deed within 30 days of LLP registration Entire process will take 4 - 7 weeks. But for all businesses LLP registration is not required. for more details visit eAuditor Office website, Limited Liability Partnership (LLP) under New busienss Tab
@narendarn2444
@narendarn2444 29 дней назад
Highly intense and useful
@sriramselvan
@sriramselvan 29 дней назад
Thanks Narendran, please share this with your friends!
@powermechengineering2813
@powermechengineering2813 Месяц назад
Very useful podcast.
@sriramselvan
@sriramselvan Месяц назад
Thanks! Please share them to people who may find this helpful too 🙌🏻
@Morrispagan
@Morrispagan 2 месяца назад
ஏப்பா தமிழ் நு thumbnail போடுங்கப்பா
@sriramselvan
@sriramselvan 2 месяца назад
கண்டிப்பாக add செய்கிறோம்!!
@andy_void
@andy_void Месяц назад
Very good video Brother. Coimbatore uh ?
@sriramselvan
@sriramselvan Месяц назад
Yeah, the guests were from Coimbatore!!
@lifesaver3271
@lifesaver3271 21 день назад
Thanks alot anna for this podcast, it's really eye opening video. I have a question, what if an investor get our idea and start their own business, as they might already have team of their own, enough money?
@eAuditorOffice
@eAuditorOffice 20 дней назад
99% not possible. Because they have lots of intense work in selecting startups and managing the funds.
@johnedward4164
@johnedward4164 Месяц назад
Bro what's the name of the book you read on the company act's, could you please share.
@sriramselvan
@sriramselvan Месяц назад
Daily coffe and startup fundraising! Link in the description!
@johnedward4164
@johnedward4164 Месяц назад
@@sriramselvan thank you so much !! And bro can I have your contact detail like a mail or something I have many doubts which I want to ask you
@sabareesankandasamy6346
@sabareesankandasamy6346 2 месяца назад
ru-vid.com/group/PL5q_lef6zVkaTY_cT1k7qFNF2TidHCe-1&si=cBjxrnpJYtU-qacp Sam Altman playlist referred to in the podcast
@sriramselvan
@sriramselvan 2 месяца назад
Thanks bro! Have added them in the description too!
@VishnuVIDOLA
@VishnuVIDOLA Месяц назад
Very important discussion and lots of learning. This applies to all the startups around the world. Not only for Indian Entrepreneurs. I’m a Malaysian entrepreneur and enjoyed the discussion throughout my morning jog 🫡
@sriramselvan
@sriramselvan Месяц назад
I'm glad that you found this podcast helpful, Vishnu!
@VishnuVIDOLA
@VishnuVIDOLA Месяц назад
@@sriramselvan keep in touch brother. You guys doing amazing job. Proud of you.
@sudhakarnote
@sudhakarnote 2 месяца назад
How to contact you sir
@sriramselvan
@sriramselvan 2 месяца назад
Website link in description sir!
@chandruraju2713
@chandruraju2713 2 месяца назад
🎉
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